Jct Standard Building Contract With Quantities In Phoenix
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Bilateral contracts are agreements in which both parties exchange mutual promises to perform certain obligations, making this type of contract the most common in business transactions.
JCT contracts facilitate the process of constructing buildings. In simple terms, contracts set out the responsibilities of all parties within the construction process and their obligations, so it is clear as to what work needs to be done, who is doing it, when are they doing it by, and for how much.
Contracts 'with quantities' are priced on the basis of drawings and firm bills of quantities. 'Without quantities' means a contract priced on the basis of drawings and usually another document, such as a specification or work schedules.
The main types of contract used in the UK are the Standard Building Contract, the Design and Build Contract and the Minor Works Building Contract, but the contract you need will of course be completely dependent on the nature of your project.
The Standard JCT Contract provides for the works to be designed or detailed on behalf of the Employer, and for the Employer to provide drawings and documentation to define the scope and quality of the works.
The main types of contract used in the UK are the Standard Building Contract, the Design and Build Contract and the Minor Works Building Contract, but the contract you need will of course be completely dependent on the nature of your project.
JCT contracts are known for being highly prescriptive. Although the standardised format may provide clarity, it can also limit flexibility. Each JCT contract is structured around a specific set of terms and clauses, which may not suit every project's unique needs or challenges.
Contracts 'with quantities' are priced on the basis of drawings and firm bills of quantities. 'Without quantities' means a contract priced on the basis of drawings and usually another document, such as a specification or work schedules.
Clause 4.11 – In the event of non-payment or non-compliance with the above-mentioned Clauses, the Contractor has the right to suspend works and the process for doing so is explained in this Clause.
